HARTFORD, Conn., Oct. 12, 2020 /PRNewswire/ -- Virtus Investment
Partners, Inc. (NASDAQ: VRTS) today reported preliminary long-term
and total assets under management (AUM) as of September 30, 2020 of $115.0 billion and $116.5
billion (including $1.5
billion of liquidity assets), respectively. The increase in
long-term AUM from June 30, 2020
reflected market appreciation and positive net flows, including net
inflows in retail separate accounts, mutual funds, and exchange
traded funds, partially offset by net outflows in other
products.
|
Assets Under
Management (unaudited)
|
|
($ in
millions)
|
|
|
|
|
|
|
|
By Product
Type:
|
September 30,
2020
|
|
August 31,
2020
|
|
June 30,
2020
|
|
Long-Term:
|
|
|
|
|
|
|
Open-End Funds
(1)
|
$
|
43,369
|
|
|
$
|
43,826
|
|
|
$
|
40,053
|
|
|
Closed-End
Funds
|
5,629
|
|
|
5,769
|
|
|
5,639
|
|
|
Exchange Traded
Funds
|
543
|
|
|
571
|
|
|
541
|
|
|
Retail Separate
Accounts
|
24,727
|
|
|
24,738
|
|
|
22,054
|
|
|
Institutional
Accounts
|
36,596
|
|
|
37,719
|
|
|
34,545
|
|
|
Structured
Products
|
4,163
|
|
|
4,146
|
|
|
4,264
|
|
|
Total
Long-Term
|
115,027
|
|
|
116,769
|
|
|
107,096
|
|
|
|
|
|
|
|
|
Liquidity
(2)
|
1,460
|
|
|
1,384
|
|
|
1,365
|
|
|
Total
|
$
|
116,487
|
|
|
$
|
118,153
|
|
|
$
|
108,461
|
|
|
|
|
(1)
|
Includes AUM of
mutual funds registered under the Investment Company Act of 1940
and Undertakings for Collective Investments in Transferable
Securities (UCITS)
|
|
(2)
|
Represents AUM in
liquidity strategies, which reflect ultra-short duration fixed
income products in open-end funds and institutional
accounts
|
About Virtus Investment Partners, Inc.
Virtus Investment Partners (NASDAQ: VRTS) is a distinctive
partnership of boutique investment managers singularly committed to
the long-term success of individual and institutional investors.
The company provides investment management products and services
through its affiliated managers and select subadvisers, each with a
distinct investment style, autonomous investment process, and
individual brand. Virtus Investment Partners offers access to a
variety of investment styles across multiple disciplines to meet a
wide array of investor needs. Its affiliates include Ceredex Value
Advisors, Duff & Phelps Investment Management, Kayne Anderson
Rudnick Investment Management, Newfleet Asset Management, Seix
Investment Advisors, Silvant Capital Management, Sustainable Growth
Advisers, and Virtus ETF Solutions.
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SOURCE Virtus Investment Partners, Inc.